Tech giant Elon Musk announced the revival of a beloved relic of the past in an announcement on X, promising a resurrection of the 2010s app Vine – but with a twist. Online users had mixed reactions to the announcement, especially after Musk's controversial AI program began referring to itself as "MechaHitler" on X. Here's what we know.

According to CoinGlass, Vine’s Open Interest surged 143% to $175 million, and Volume jumped 265% to $4.88 billion. Usually, when OI and Volume surge in tandem, it reflects growing participation in the Futures market.

Elon Musk announced plans this week to revive Vine, but in "AI form." Here's what we know so far and what people are saying.